Good Governance

March 29, 2015

Key Hindrances to Good Governance

Good governance means an accountable and audited public service which has the bureaucratic competence to implement appropriate public policies and an independent judicial system to uphold the law. Despite the continuing efforts to enhance the quality of governance in the…

March 28, 2015

Significance of Good Governance

Kautilya in his treatise Arthashastra propounded the qualities of good governance by the ruling king as follows: In the happiness of his subject lies his happiness, in their welfare his welfare, whatever please himself he shall not consider good. India…

March 28, 2015

Good Governance: Meaning and Concept

In terms of distinguishing the term governance from government, "governance" is what a "government" does. It might be a geo-political, a corporate government, a socio-political government, or any number of different kinds of government. Governance is the dynamic exercise of…

Narayan-Murthy-Committee

Key Recommendations of Narayan Murthy Committee on Corporate Governance

The Committee on Corporate Governance, headed by Shri Narayanmurthy was constituted by SEBI, to evaluate the existing corporate governance practices and to improve these practices as the standards themselves were evolving with market dynamics. The committee’s recommendations are based on…

March 28, 2015

Principles for Managing Ethics in Public Service by United Nations

The public service, entrusted with guarding public resources and executing decisions on behalf of elected representatives, plays an important role in the development and governance of a nation. It must have in place a system of measures to create an…

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World Bank Concept of Good Administration

A good administration refers to both the requirements of service without undue delay and access to appropriate service. The concept ‘effective administration’ is means that each department, agency, local authority, or other public body exercises its powers in accordance with…

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Accountability of a Civil Servant

The accountability of civil servants both to ministers and to the Parliament, are constitutional and politically significant. The personal accountability of civil servants and their responsibility towards the society are equally substantial and they are interconnected. In particular their accountability…

March 28, 2015

Ethics is Grounded in the Notion of Accountability

People seek accountability. They want to know who is responsible and accountable for certain actions and the consequences of those actions. Responsibility refers to "a sphere of duty or obligation" assigned to a person by the nature of that person’s…

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Importance of Accountability in Good Governance

Accountability is a mechanism designed to ensure that the affairs or the entities are conducted with due regard to the interests of those who are interested in the affairs of the entity. Accountability guarantees actions and decisions taken by public…